All about Chery

On April 15, Exeed, a Chery premium sub-brand, started accepting pre-orders for the Sterra ET, the first mid-to-large-size battery electric SUV of the Sterra family. The vehicle is available in battery electric (BEV) and range-extended (REEV) editions with five and three variants, respectively. Prices range from CNY 199,000 to CNY 329,000.

The Sterra ET is based on Chery’s latest EEA 5.0 architecture. Powered by a 195kW/324Nm permanent magnet synchronous motor, a Chery in-house developed 115kW/220Nm REEV-dedicated engine with the industry’s highest thermal efficiency of 44.5%, a CATL 32kWh battery, and a 400V system, the REEV edition has a single-motor RWD layout and delivers a top speed of 200km/h, a CLTC electric-mode range of 200km, a CLTC combined range of 1,500km, a CLTC power consumption of 17.3kWh/100km, and a WLTC feeder fuel consumption of 5.2L/100km.

The BEV edition comes standard with an 800V system. The Pro variants are powered by a CATL 77kWh battery and either an RWD system with a 230kW/425Nm permanent magnet synchronous motor or a 4WD system with a 123kW/238Nm AC asynchronous motor in the front and a 230kW/425Nm permanent magnet synchronous motor in the rear, delivering respective top speeds of 200km/h and 210km/h, respective CLTC electric-mode ranges of 625km and 640km, and respective CLTC power consumption of 13.5kWh/100km and 15.6kWh/100km. The Max and Ultra variants are powered by a CATL 100kWh battery and either an RWD system with a 230kW/425Nm permanent magnet synchronous motor or a 4WD system with front (183kW/266Nm) and rear (230kW/425Nm) permanent magnet synchronous motors, delivering respective top speeds of 200km/h and 210km/h, respective CLTC electric-mode ranges of 760km and 655km, and respective CLTC power consumption of 12.7kWh/100km and 15.9kWh/100km.

The Sterra ET employs the industry’s latest technologies such as a physical UWB key, the Lion AI large model voice system, and the DHS intelligent health monitoring system. Some variants are available with NEP (Navigation on Exeed Pilot), enabling features such as expressway navigation, city navigation, and intelligent parking. The vehicle measures 4,955mm long, 1,975mm wide, and 1,698mm high, with a wheelbase of 3,000mm.

From Exeed press releases 1/2 and information on the Exeed website

On April 16, the Minister of Business and Work announced that the Chinese car company Chery and EV Motors had signed an agreement for manufacturing vehicles through a joint venture in Spain.

According to the Catalonia counselor, the agreement is good for the entire ecosystem, auxiliary industry, and supplier industry of this value chain in Spain. The Government has also guaranteed a quick transition by financing the training contracts for the workers, currently at the Zona Franca plant.

According to the sources, in the joint venture, Chery, being the junior partner, will start producing its Omoda vehicles at the plant first, while the majority stakeholder EV Motors will start producing its vehicles in Q4, 2024, at the former Nissan Barcelona Zona Franca plant, that will help to recover around 1,600 direct jobs.

An event is scheduled to take place in Barcelona on April 26, 2024, to formalize the deal. EV Motors, which currently acquires the full corporate control of the hub, has played a key role in the talks with Chery.

Based on Catalonia Government press release and multiple sources

On April 15, Avtotor started series production of Jetour brand vehicles at its Kaliningrad plant. The first model of the brand was the compact crossover SUV Dashing.

Avtotor and Jetour specialists have already begun preparing and equipping facilities for the full-cycle production of Jetour products (welding, painting, assembly), which is planned to be launched in the first quarter of 2025.

The companies also signed a general agreement defining the main directions and conditions of strategic cooperation.

The joint project Avtotor and Jetour provides for organizing the production of brand products in the Russian Federation, gradually increasing the level of localization, creating capacities for high-tech full-cycle production (welding, painting, assembly), and new high-performance jobs in the Kaliningrad region.

A production plan for 2024 has been developed and approved. The directions for the development of cooperation until 2028 have been determined. A cost-effective localization program for auto components is being developed.

Based on Avtotor press release